Joseph Adamo Sells 3,227 Shares of Genco Shipping & Trading (NYSE:GNK) Stock

Genco Shipping & Trading Limited (NYSE:GNK) CAO Joseph Adamo sold 3,227 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.27, for a total transaction of $75,092.29. Following the completion of the transaction, the chief accounting officer owned 30,772 shares in the company, valued at approximately $716,064.44. This represents a 9.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Genco Shipping & Trading Stock Performance

Shares of GNK traded up $0.81 during trading hours on Wednesday, hitting $23.35. The company had a trading volume of 796,381 shares, compared to its average volume of 322,592. The business has a fifty day moving average of $19.72 and a 200-day moving average of $18.18. The company has a quick ratio of 1.98, a current ratio of 2.36 and a debt-to-equity ratio of 0.18. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of -212.21, a PEG ratio of 6.08 and a beta of 1.21. Genco Shipping & Trading Limited has a 12 month low of $11.20 and a 12 month high of $23.68.

Genco Shipping & Trading (NYSE:GNK) last announced its quarterly earnings results on Tuesday, February 17th. The shipping company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. The business had revenue of $109.92 million for the quarter, compared to analyst estimates of $78.52 million. Genco Shipping & Trading had a negative net margin of 1.28% and a negative return on equity of 0.12%. Genco Shipping & Trading’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.29 EPS. Equities analysts anticipate that Genco Shipping & Trading Limited will post 0.48 EPS for the current fiscal year.

Genco Shipping & Trading Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 11th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.6%. This is an increase from Genco Shipping & Trading’s previous quarterly dividend of $0.15. The ex-dividend date is Wednesday, March 11th. Genco Shipping & Trading’s dividend payout ratio is -352.94%.

Hedge Funds Weigh In On Genco Shipping & Trading

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GNK. Envestnet Asset Management Inc. bought a new position in shares of Genco Shipping & Trading in the second quarter worth $255,000. American Century Companies Inc. grew its stake in Genco Shipping & Trading by 5.9% during the second quarter. American Century Companies Inc. now owns 1,549,197 shares of the shipping company’s stock worth $20,248,000 after buying an additional 86,317 shares in the last quarter. CSM Advisors LLC bought a new position in Genco Shipping & Trading in the 2nd quarter valued at about $3,876,000. Linden Thomas Advisory Services LLC increased its holdings in Genco Shipping & Trading by 60.7% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 60,196 shares of the shipping company’s stock valued at $787,000 after buying an additional 22,740 shares during the period. Finally, Creative Planning raised its position in shares of Genco Shipping & Trading by 147.9% in the 2nd quarter. Creative Planning now owns 49,141 shares of the shipping company’s stock valued at $642,000 after buying an additional 29,321 shares in the last quarter. 58.62% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Genco Shipping & Trading

Here are the key news stories impacting Genco Shipping & Trading this week:

• Positive Sentiment: Company announced a major dividend increase — $0.50 quarterly (233% raise from prior $0.15), annualized yield ~8.5%, record/ex-dividend dates in March; this sizable cash return and 26th consecutive quarterly payout supports income-focused demand. Genco Shipping & Trading Limited Announces Q4 2025 Financial Results
• Positive Sentiment: Zacks upgraded GNK to a Rank #1 (Strong Buy), reflecting improved earnings outlook — upgrades can attract momentum buyers and short-term flows. Genco Shipping (GNK) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Q4 results showed revenue strength and margin improvement: revenue ~$109.9M (≈+10.8% YoY) and management highlighted material gross-profit and operating-profit gains; several outlets report EPS topped consensus (~$0.35), supporting the upbeat narrative. These operational improvements are the primary fundamental driver cited by bullish investors. Genco Shipping & Trading (GNK) Q4 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: Full Q4 earnings-call transcript is available for investors who want management commentary and guidance detail; useful for judging sustainability of margins and capital allocation (including the dividend). Genco Shipping & Trading Limited (GNK) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Reports flag sizable insider selling (CEO and CCO among sellers) and notable institutional reductions in Q4 — such activity can signal caution from insiders/large holders and may cap upside if selling continues. QuiverQuant also cites mixed third‑party numbers (some data providers flagged an EPS short vs one estimate) and highlighted swings in cash flow and liabilities. Genco Shipping & Trading Limited (GNK) Releases Q4 2025 Earnings: Revenue Beats Estimates but EPS Miss

Analyst Ratings Changes

GNK has been the topic of several recent research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genco Shipping & Trading in a research report on Monday, December 29th. Wall Street Zen downgraded shares of Genco Shipping & Trading from a “hold” rating to a “sell” rating in a research note on Sunday, December 14th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $21.00.

About Genco Shipping & Trading

Genco Shipping & Trading Limited is a leading global owner and operator of drybulk vessels, providing seaborne transportation services for major commodities such as iron ore, coal, grain and fertilizers. The company’s fleet comprises Capesize, Panamax and Supramax vessels, which are chartered to a broad base of international charterers under both spot and period contracts. Genco’s focus on modern, fuel-efficient tonnage supports reliable cargo delivery across a variety of trade routes and market conditions.

In addition to vessel ownership and operation, Genco offers ship management, maintenance and technical support services designed to maximize fleet performance and safety.